LSE shrugs off tough markets

The London Stock Exchange Group has shrugged off “challenging” markets to report a hike in first-quarter income as its clearing house, LCH, enjoyed surging growth.

Lsesaidincomelifted 5 per cent to £546 million in the three months to the end of March. LCH saw income jump 17 per cent to £182m. LSE said the first-quarter performance came against a “challenging market backdrop”,